ROMANIAN COUNTY RATING MEASUREMENT. A COMPARATIVE ANALYSIS

Autor: Ioan BĂTRÂNCEA, Lucian GĂBAN, Liviu BECHIŞ
Jazyk: angličtina
Rok vydání: 2016
Předmět:
Zdroj: USV Annals of Economics and Public Administration, Vol 16, Iss 1(23), Pp 165-172 (2016)
Druh dokumentu: article
ISSN: 2285-3332
2344-3847
Popis: In the second wave of financial crisis, namely the sovereign debt crisis, the country’s most affected by this phenomenon are Greece, Italy, Spain, Portugal, Ireland and last year Cyprus joined. Future more the crisis in Greece in 2015 requires local authorities to evaluate constantly their rating in order to prevent bankruptcy. In this paper we conducted a comparative analysis using Altman method and the Stickney method and correlate the scores with ratings agencies Standard & Poor's and Moody's.
Databáze: Directory of Open Access Journals